Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6fc4ae0a-7a77-4466-b1b5-f01c56b78536
Date 6/1/2015
Company Name Sumo Logic
Mailing Address 305 Main Street Redwood City, CA 94063 USA
Company Description Our purpose-built Cloud-native service has scaled and our amazing team is focused on delivering data-driven insight to enterprises worldwide. Our mission is to enable businesses to harness the power of machine data to improve their operations and deliver outstanding customer experience at Enterprise scale.
Proceeds Purposes The funding will fuel growth across the business, spanning engineering, sales and global operations. Headcount, which increased by 250 percent year-over-year, is expected to double to approximately 400 employees within the next year to support the explosion in customer demand.